some people think that the best way to run a business is within the family What are the advantage and disadvantage of family run business

Essay topics:

some people think that the best way to run a business is within the family. What are the advantage and disadvantage of family run business.

The goal and objective of owning a business can be met in various ways. Some people school of thought believe that involving members in a business settings is the most credible way of running such business. This essay will discuss the cons and pros of having a family centred business.

There are quite a number of benefits associated with having a business that is managed by family members. Firstly, having a business settings that involve members of the family gives each and everyone of them a sense of belonging and responsibilities in the quest to achieve a common family goal. When each member feels their contribution to the business matters, they will strive to make a positive impact to the growth of that establishment, such member will be overwhelmed to put in more effort, and by so doing, the family will be more united and individual self-esteem will be boosted. Secondly, when families are part of a business, every will have an insight to what the family financial status is, thus, every individual or collective budget and expenses proposed will be considered according to the financial strength of the business.

Meanwhile, there are also disadvantages of allowing families to participate in a business. In a case where some members have no prior experience or willingness to be part of the business can easily pull down the success of the organisation. For example, my friend who graduated after studying food and nutrition at the university was forced to join in managing the family company that deals with interior and exterior designing, said she have little or nothing to offer for the development of the company and has no sincere intent on learning how to do so. Such laxity can contribute to business failure. More so, when a family member has a desire to pursue a set career, but has to engage in the household business just to keep to the norms of the family, it makes him feel unfulfilled and less useful.

In conclusion, involving relatives in a business could be necessary as if gives every member an opportunity to contribute for the betterment of the business, and makes them feel belonged. But it also deprived some members the chance to achieve their personal dream, and can also lead to failure in business.

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2020-07-02 ayofigo 73 view

Comments

Grammar and spelling errors:
Line 1, column 148, Rule ID: A_PLURAL[2]
Message: Don't use indefinite articles with plural words. Did you mean 'setting'?
Suggestion: setting
...ve that involving members in a business settings is the most credible way of running suc...
^^^^^^^^
Line 3, column 134, Rule ID: A_PLURAL[2]
Message: Don't use indefinite articles with plural words. Did you mean 'setting'?
Suggestion: setting
...ily members. Firstly, having a business settings that involve members of the family give...
^^^^^^^^
Line 3, column 743, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...is, thus, every individual or collective budget and expenses proposed will be con...
^^
Line 5, column 284, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...r example, my friend who graduated after studying food and nutrition at the unive...
^^
Line 5, column 440, Rule ID: HE_VERB_AGR[1]
Message: The pronoun 'she' must be used with a third-person verb: 'has'.
Suggestion: has
...terior and exterior designing, said she have little or nothing to offer for the deve...
^^^^

Transition Words or Phrases used:
also, but, first, firstly, if, second, secondly, so, thus, while, as for, as to, for example, in conclusion

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 14.0 13.1623246493 106% => OK
Auxiliary verbs: 12.0 7.85571142285 153% => OK
Conjunction : 18.0 10.4138276553 173% => OK
Relative clauses : 10.0 7.30460921844 137% => OK
Pronoun: 16.0 24.0651302605 66% => OK
Preposition: 56.0 41.998997996 133% => OK
Nominalization: 7.0 8.3376753507 84% => OK

Performance on vocabulary words:
No of characters: 1872.0 1615.20841683 116% => OK
No of words: 382.0 315.596192385 121% => OK
Chars per words: 4.90052356021 5.12529762239 96% => OK
Fourth root words length: 4.42095241839 4.20363070211 105% => OK
Word Length SD: 2.79559090841 2.80592935109 100% => OK
Unique words: 195.0 176.041082164 111% => OK
Unique words percentage: 0.510471204188 0.561755894193 91% => More unique words wanted or less content wanted.
syllable_count: 611.1 506.74238477 121% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 5.0 0.809619238477 618% => Less conjunction wanted as sentence beginning.
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 27.0 20.2975951904 133% => The Avg. Sentence Length is relatively long.
Sentence length SD: 80.8688785022 49.4020404114 164% => OK
Chars per sentence: 133.714285714 106.682146367 125% => OK
Words per sentence: 27.2857142857 20.7667163134 131% => OK
Discourse Markers: 7.64285714286 7.06120827912 108% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.262706162943 0.244688304435 107% => OK
Sentence topic coherence: 0.104026637297 0.084324248473 123% => OK
Sentence topic coherence SD: 0.058828352033 0.0667982634062 88% => OK
Paragraph topic coherence: 0.166331819536 0.151304729494 110% => OK
Paragraph topic coherence SD: 0.0726797430532 0.056905535591 128% => OK

Essay readability:
automated_readability_index: 15.3 13.0946893788 117% => OK
flesch_reading_ease: 44.07 50.2224549098 88% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 13.8 11.3001002004 122% => OK
coleman_liau_index: 11.44 12.4159519038 92% => OK
dale_chall_readability_score: 8.57 8.58950901804 100% => OK
difficult_words: 87.0 78.4519038076 111% => OK
linsear_write_formula: 10.5 9.78957915832 107% => OK
gunning_fog: 12.8 10.1190380762 126% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?

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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.